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1. Because they are all bankrupt/technically insolvent and trying to inflate and fight their way out of their debts to Russia, India and China.

2. Mostly pensions and pension funds - saving work now for payments later when you can't work - see 1.

2a. Additionally funding large projects which no one individual/institution can afford no matter how wealthy, such as building huge infrastructure projects like silk road and other national infrastructure. See 1.



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